Member Info for Revelator

I think that £16k may be the delayed sell...still, price (in terms of buy price) strengthened towards the end of the day, which is pleasing.

Per this RNS http://investegate.co.uk/Article.aspx?id=201102070700077445A The 12,400m RC programme comprises 8,600m of priority 1 holes and a further 3,800m of second order holes. The first phase of priority 1 holes will take approximately 3 months to complete. The first assay results from the RC drill programme are provisionally expected before the end of April this year with the balance being received during the following 3 months. So could be newsflow from here in. This share has one downside - those flaming warrants (still about 70% left) at 12.5p. However the co is currently £10m with about £4-5m in cash. It's one of my big 3 hopes for 2011, alongside GRL and GDP (admittedly if anything goes wrong in West Africa I'm screwed!) and I've just bought in with £7.5k at 12.4p, having sold in Feb at 16.5 ahead of the recent lull. Sorry for the later reply, btw, I admit to seeing your post last week, but didn't want to post my thoughts (for the little they're worth!) before being able to take a position.

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Well URA have more and URU have less than FTE, whose share price hasn't moved on their results today, which says alot. Of course width/depth counts too, but at those grades I think it would need to be some sort of mass recovery project to make the economics viable. VML's 1%+ gives us over 1000ppm I believe?

I never doubted the potential, but after months of dribbling down I thought there would be more resistance on the way up...the lesson is probably to never second guess an AIM share!

Have to say I'm stunned by the speed of the rise here - well done Dexter, your faith is being rewarded.

3.17-2.75 at the mo...not really encouraging trade in either direction!

The Company intends to identify and delineate new porphyry copper systems across the southwestern copper belt of the United States, an area which accounts for some 60% of the U.S.A. annual copper production. In addition to the drilling program underway, exploration drilling permits are also being secured at three other prospective projects held by VANE in its copper exploration portfolio. The Yuma King drilling program has been formulated following a review of historic exploration work as well as geologic field work carried out by VANE. Previous drilling by the Big Bar Resources, Inc. exploration group intersected disseminated copper and molybdenum mineralization of the sort associated almost exclusively with porphyry copper systems in the Southwestern Porphyry Province.

Drilling on copper targets begins.. http://investegate.co.uk/Article.aspx?id=201104040700071329E

The spread really is a full 10% live.. :@

Took a quick look here and the bit of the biz disposed of was the profit making part - continuing ops lost £800k in the last 6 months of the year. The other thing is, this co has been around for 20 years - I know it's sold off units in parts but a co that old and still small cap will have trouble exciting bigger investors. V quick research so some of my assumptions may be worth taking with some salt.

Just hope it doesn't stir in the same way his Watford investment did...! Still I've invested in Dods before (10-12p during takeover time) and it seems a decent company, but exposed to government spending (cuts).

Graph suggests a spike back to the 3s, prices are inconclusive, as posted below. Quite comfortable with my 2.62 buy for now though.

2.9 for £1k, towards 3 for anything over £2k. Can now sell up to £2k for 2.75, still 2.25 for more. Mixed messages, again.

£1k now costing 2.7, above 2.9, £4k = 3p, £5k = seeya later, no shares here. On the other side, still getting 2.26 to sell £4k, 2.55 for under £2k. So a mixed picture!

Yes - I personally think the last big placing was 2p and that was before the resource boom, when it was very hard to get cash (ie HER did a near 50% discount to get funding last year) so I'd think the board could get cash at 3.5p levels personally - so my expectation/hope is good news, rise back to 4p ish, placing at mid 3s. Or it may just be good news and no placing, which would be even better. There's not alot of available volume here so this could be ready to rise in the absence of any further bad news (Japan etc)

Interesting post. Bottom line for small cap non miners is they need a compelling growth story to do well - ie techy like SGO, for instance. The once that have delisted this year like TSEG, STTM, etc are nice businesses but too small scale to really gain added value from AIM, unless en route to expansive growth such as that described by yourself below.

2.61-2.55 for small buys (ie under £2k). The one risk I still see is a placing, but I'd hope that would be at higher prices - other than that this seems cheap as it's simply not recovered since Japan despite having more than just Uranium, and the markets are going up again today, led by China, which is of course the key resource consumer.

To see this at almost a 100% premium to its £1m NAV and EML, with about £9m in cash and directors with a great track record priced exactly at NAV level

Although this has always moved in that manner - 50% on nothing between Nov and Dec also. I don't do non miners, although the frequent director buys here caused me to watch with intrigue at times.